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lisa cook

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US-ECONOMY-FEDERAL RESERVE-POWELL

Politics Oct 01

Supreme Court lets Lisa Cook remain as a Federal Reserve governor for now in unsigned order

By Mark Sherman, Associated Press

Politics Sep 22

U.S. President Donald Trump attends the memorial service for Charlie Kirk
Supreme Court will weigh expanding Trump’s power to shape independent agencies

The high court agreed Monday to quickly hear arguments in a case over the firing of members of the Federal Trade Commission and two other boards.

By Lindsay Whitehurst, Associated Press

Politics Sep 18

U.S. Senate Banking Committee holds hearing for Federal Reserve nominees on Capitol Hill in Washington
Trump asks Supreme Court for emergency order to remove Lisa Cook from Fed board

President Donald Trump is asking the Supreme Court for an emergency order to remove Lisa Cook from the Federal Reserve’s board of governors.

By Mark Sherman, Associated Press

Economy Sep 16

U.S. Federal Reserve Chair Powell attends a press conference in Washington
WATCH: Powell announces first interest rate cut of the year

The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation's labor market.

By Christopher Rugaber, Associated Press

Politics Sep 11

An eagle tops the U.S. Federal Reserve building's facade in Washington
Trump administration requests emergency ruling to remove Lisa Cook from Fed board

The request represents an extraordinary effort by the White House to shape the board before the Fed's interest rate-setting committee meets next Tuesday and Wednesday.

By Christopher Rugaber, Associated Press

Sep 10

Cook can remain a Fed governor while fighting Trump’s attempted firing, court rules

By Christopher Rugaber, Lindsay Whitehurst, Associated Press

The ruling, which will almost certainly be appealed, is a blow to the Trump administration’s efforts to assert more control over the traditionally independent Fed.

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Sep 04

DOJ probing mortgage fraud claims against Fed governor Lisa Cook, AP source says

By Eric Tucker, Paul Wiseman, Associated Press

News of the investigation comes amid a high-stakes legal fight over President Donald Trump’s removal last month of Cook, an action she says is being undertaken so that he can seize control of the independent central bank.

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Aug 29

Fed governor Cook to seek court order blocking her firing by Trump

By Christopher Rugaber, Associated Press

Federal Reserve Governor Lisa Cook has requested an emergency injunction to block President Donald Trump's attempt to fire her over allegations that she committed mortgage fraud when she purchased a home and condo in 2021.

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Aug 28

Fed Gov. Lisa Cook sues Trump administration to block her attempted firing

By Christopher Rugaber, Associated Press

No president has sought to fire a Fed governor in the institution's 112-year history until Trump posted a letter on his Truth Social media platform late Monday saying that Cook was fired.

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Aug 26

Watch 12:27
How Trump’s attempts to control Federal Reserve board threaten its long-held independence

By Amna Nawaz, Winston Wilde, Jackson Hudgins

President Trump made it clear he is seeking more control of the Federal Reserve. He said he fired Fed Governor Lisa Cook from the bank's board, but she says she's not leaving and will take the administration to court. At…

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Full Episode
Monday, Oct 6
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